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73.0¢ transpacific industries group ltd

revisiting investment thesis, page-97

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sharpinvestor

2,367 Posts.

4

09/10/14

21:00

Post #: 14102719
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Originally posted by lost com ↑

This SP pattern is very familiar.

A slow grind down , followed by a lightening move up.

As it is unlikely anyone buys at the exact bottom,[ this time-TPI-$00.76], it means that nearly all holders experience SP pain for extended periods before the fast move up .

This tends to make a holder, a break even player.

It is the long time span of the downward movement that does the psychological damage.

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Looks like the value investors are waking up. Nice action the past 2 days. That said, I don't really care what happens in the short term, I brought this one for 18-24 months minimum and am very comfortable holding.

TPI Price at posting: 86.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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